PUBLISHER: KBV Research | PRODUCT CODE: 1401206
PUBLISHER: KBV Research | PRODUCT CODE: 1401206
North America Powdered Fats Market Size, Share & Industry Trends Analysis Report By Processing Technology (Spray Drying, Drum Drying, Freeze Drying, and Others), By Source, By Application, By Country and Growth Forecast, 2023 - 2030
The North America Powdered Fats Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030).
Powdered fats, often produced from plants or animals, can be pulverized to create fat powders. These powders are used extensively in many industries, including animal feed, cosmetics, pharmaceuticals, food & beverages. The market is anticipated to expand in the near future due to the rising demand for valuable food items. Consumers prefer efficiency without sacrificing the healthy value of their food due to changing lifestyles and demanding schedules. These fats offer an appropriate solution for their ease of use, improved shelf life, and portability. Additionally, they can be utilized in various food applications due to their range of uses.
These fats are produced from coconuts and palm kernels, which consist of the beneficial medium chain triglycerides (MCTs). Compared to long-chain triglycerides (LCTs), which have longer fatty acid chains with more carbons, the body absorbs MCTs more rapidly. In contrast to longer-chain fats, which require the liver to break down, MCTs go from the gut to the liver more quickly because of their shorter chain length. The fats are ultimately broken down in the liver before being retained as body fat or used as fuel. MCTs can be utilized as an instant energy source since they enter the bloodstream quickly and do not degrade.
According to the US Department of Agriculture, the Mexican food and beverage industry contributed $35.1 billion to its 2020 GDP. These fats find extensive use in various Mexican culinary traditions, contributing to the texture, flavour, and consistency of dishes. From traditional Mexican sauces like mole to baked goods like pan dulce, these fats are often utilized to enhance taste and mouthfeel. Thus, the region will present lucrative growth prospects for the market in the coming years.
The US market dominated the North America Powdered Fats Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $613.2 million by 2030. The Canada market is experiencing a CAGR of 6.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6% during (2023 - 2030).
Based on Processing Technology, the market is segmented into Spray Drying, Drum Drying, Freeze Drying, and Others. Based on Source, the market is segmented into Palm & Palm Kernel, Milk, Sunflower, Coconut, Canola, Corn, and Others. Based on Application, the market is segmented into Bakery & Confectionery, Baby Food & Infant Formula, Beverages, Sauces, Dressings, & Condiments, Frozen Desserts, Dairy & Non-dairy Products, Supplements & Nutritional Products, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group plc, Royal FrieslandCampina N.V., Aarkay Food Products Ltd., Insta Foods, Vreugdenhil BV, Zeon Lifesciences Ltd., LUS Health Ingredients BV and Glenstal Foods Ltd.
Scope of the Study
Market Segments covered in the Report:
By Processing Technology
- Spray Drying
- Drum Drying
- Freeze Drying
- Others
By Source
- Palm & Palm Kernel
- Milk
- Sunflower
- Coconut
- Canola
- Corn
- Others
By Application
- Bakery & Confectionery
- Baby Food & Infant Formula
- Beverages
- Sauces, Dressings, & Condiments
- Frozen Desserts
- Dairy & Non-dairy Products
- Supplements & Nutritional Products
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Kerry Group plc
- Royal FrieslandCampina N.V.
- Aarkay Food Products Ltd.
- Insta Foods
- Vreugdenhil BV
- Zeon Lifesciences Ltd.
- LUS Health Ingredients BV
- Glenstal Foods Ltd.
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Powdered Fats Market, by Processing Technology
- 1.4.2 North America Powdered Fats Market, by Source
- 1.4.3 North America Powdered Fats Market, by Application
- 1.4.4 North America Powdered Fats Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Powdered Fats Market by Processing Technology
- 4.1 North America Spray Drying Market by Country
- 4.2 North America Drum Drying Market by Country
- 4.3 North America Freeze Drying Market by Country
- 4.4 North America Others Market by Country
Chapter 5. North America Powdered Fats Market by Source
- 5.1 North America Palm & Palm Kernel Market by Country
- 5.2 North America Milk Market by Country
- 5.3 North America Sunflower Market by Country
- 5.4 North America Coconut Market by Country
- 5.5 North America Canola Market by Country
- 5.6 North America Corn Market by Country
- 5.7 North America Others Market by Country
Chapter 6. North America Powdered Fats Market by Application
- 6.1 North America Bakery & Confectionery Market by Country
- 6.2 North America Baby Food & Infant Formula Market by Country
- 6.3 North America Beverages Market by Country
- 6.4 North America Sauces, Dressings, & Condiments Market by Country
- 6.5 North America Frozen Desserts Market by Country
- 6.6 North America Dairy & Non-dairy Products Market by Country
- 6.7 North America Supplements & Nutritional Products Market by Country
- 6.8 North America Others Market by Country
Chapter 7. North America Powdered Fats Market by Country
- 7.1 US Powdered Fats Market
- 7.1.1 US Powdered Fats Market by Processing Technology
- 7.1.2 US Powdered Fats Market by Source
- 7.1.3 US Powdered Fats Market by Application
- 7.2 Canada Powdered Fats Market
- 7.2.1 Canada Powdered Fats Market by Processing Technology
- 7.2.2 Canada Powdered Fats Market by Source
- 7.2.3 Canada Powdered Fats Market by Application
- 7.3 Mexico Powdered Fats Market
- 7.3.1 Mexico Powdered Fats Market by Processing Technology
- 7.3.2 Mexico Powdered Fats Market by Source
- 7.3.3 Mexico Powdered Fats Market by Application
- 7.4 Rest of North America Powdered Fats Market
- 7.4.1 Rest of North America Powdered Fats Market by Processing Technology
- 7.4.2 Rest of North America Powdered Fats Market by Source
- 7.4.3 Rest of North America Powdered Fats Market by Application
Chapter 8. Company Profiles
- 8.1 Insta Foods
- 8.1.1 Company Overview
- 8.1.2 SWOT Analysis
- 8.2 Vreugdenhil BV
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 Zeon Lifesciences Ltd.
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
- 8.4 LUS Health Ingredients BV
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Glenstal Foods Ltd.
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Aarkay Food Products Ltd.
- 8.6.1 Company Overview
- 8.7 Kerry Group PLC
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Acquisition and Mergers:
- 8.7.5.2 Geographical Expansions:
- 8.7.6 SWOT Analysis
- 8.8 Royal FrieslandCampina N.V.
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 Recent strategies and developments:
- 8.8.5.1 Product Launches and Product Expansions:
- 8.8.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Powdered Fats Market, 2019 - 2022, USD Million
- TABLE 2 North America Powdered Fats Market, 2023 - 2030, USD Million
- TABLE 3 North America Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
- TABLE 4 North America Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
- TABLE 5 North America Spray Drying Market by Country, 2019 - 2022, USD Million
- TABLE 6 North America Spray Drying Market by Country, 2023 - 2030, USD Million
- TABLE 7 North America Drum Drying Market by Country, 2019 - 2022, USD Million
- TABLE 8 North America Drum Drying Market by Country, 2023 - 2030, USD Million
- TABLE 9 North America Freeze Drying Market by Country, 2019 - 2022, USD Million
- TABLE 10 North America Freeze Drying Market by Country, 2023 - 2030, USD Million
- TABLE 11 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 12 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 13 North America Powdered Fats Market by Source, 2019 - 2022, USD Million
- TABLE 14 North America Powdered Fats Market by Source, 2023 - 2030, USD Million
- TABLE 15 North America Palm & Palm Kernel Market by Country, 2019 - 2022, USD Million
- TABLE 16 North America Palm & Palm Kernel Market by Country, 2023 - 2030, USD Million
- TABLE 17 North America Milk Market by Country, 2019 - 2022, USD Million
- TABLE 18 North America Milk Market by Country, 2023 - 2030, USD Million
- TABLE 19 North America Sunflower Market by Country, 2019 - 2022, USD Million
- TABLE 20 North America Sunflower Market by Country, 2023 - 2030, USD Million
- TABLE 21 North America Coconut Market by Country, 2019 - 2022, USD Million
- TABLE 22 North America Coconut Market by Country, 2023 - 2030, USD Million
- TABLE 23 North America Canola Market by Country, 2019 - 2022, USD Million
- TABLE 24 North America Canola Market by Country, 2023 - 2030, USD Million
- TABLE 25 North America Corn Market by Country, 2019 - 2022, USD Million
- TABLE 26 North America Corn Market by Country, 2023 - 2030, USD Million
- TABLE 27 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 28 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 29 North America Powdered Fats Market by Application, 2019 - 2022, USD Million
- TABLE 30 North America Powdered Fats Market by Application, 2023 - 2030, USD Million
- TABLE 31 North America Bakery & Confectionery Market by Country, 2019 - 2022, USD Million
- TABLE 32 North America Bakery & Confectionery Market by Country, 2023 - 2030, USD Million
- TABLE 33 North America Baby Food & Infant Formula Market by Country, 2019 - 2022, USD Million
- TABLE 34 North America Baby Food & Infant Formula Market by Country, 2023 - 2030, USD Million
- TABLE 35 North America Beverages Market by Country, 2019 - 2022, USD Million
- TABLE 36 North America Beverages Market by Country, 2023 - 2030, USD Million
- TABLE 37 North America Sauces, Dressings, & Condiments Market by Country, 2019 - 2022, USD Million
- TABLE 38 North America Sauces, Dressings, & Condiments Market by Country, 2023 - 2030, USD Million
- TABLE 39 North America Frozen Desserts Market by Country, 2019 - 2022, USD Million
- TABLE 40 North America Frozen Desserts Market by Country, 2023 - 2030, USD Million
- TABLE 41 North America Dairy & Non-dairy Products Market by Country, 2019 - 2022, USD Million
- TABLE 42 North America Dairy & Non-dairy Products Market by Country, 2023 - 2030, USD Million
- TABLE 43 North America Supplements & Nutritional Products Market by Country, 2019 - 2022, USD Million
- TABLE 44 North America Supplements & Nutritional Products Market by Country, 2023 - 2030, USD Million
- TABLE 45 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 46 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 47 North America Powdered Fats Market by Country, 2019 - 2022, USD Million
- TABLE 48 North America Powdered Fats Market by Country, 2023 - 2030, USD Million
- TABLE 49 US Powdered Fats Market, 2019 - 2022, USD Million
- TABLE 50 US Powdered Fats Market, 2023 - 2030, USD Million
- TABLE 51 US Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
- TABLE 52 US Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
- TABLE 53 US Powdered Fats Market by Source, 2019 - 2022, USD Million
- TABLE 54 US Powdered Fats Market by Source, 2023 - 2030, USD Million
- TABLE 55 US Powdered Fats Market by Application, 2019 - 2022, USD Million
- TABLE 56 US Powdered Fats Market by Application, 2023 - 2030, USD Million
- TABLE 57 Canada Powdered Fats Market, 2019 - 2022, USD Million
- TABLE 58 Canada Powdered Fats Market, 2023 - 2030, USD Million
- TABLE 59 Canada Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
- TABLE 60 Canada Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
- TABLE 61 Canada Powdered Fats Market by Source, 2019 - 2022, USD Million
- TABLE 62 Canada Powdered Fats Market by Source, 2023 - 2030, USD Million
- TABLE 63 Canada Powdered Fats Market by Application, 2019 - 2022, USD Million
- TABLE 64 Canada Powdered Fats Market by Application, 2023 - 2030, USD Million
- TABLE 65 Mexico Powdered Fats Market, 2019 - 2022, USD Million
- TABLE 66 Mexico Powdered Fats Market, 2023 - 2030, USD Million
- TABLE 67 Mexico Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
- TABLE 68 Mexico Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
- TABLE 69 Mexico Powdered Fats Market by Source, 2019 - 2022, USD Million
- TABLE 70 Mexico Powdered Fats Market by Source, 2023 - 2030, USD Million
- TABLE 71 Mexico Powdered Fats Market by Application, 2019 - 2022, USD Million
- TABLE 72 Mexico Powdered Fats Market by Application, 2023 - 2030, USD Million
- TABLE 73 Rest of North America Powdered Fats Market, 2019 - 2022, USD Million
- TABLE 74 Rest of North America Powdered Fats Market, 2023 - 2030, USD Million
- TABLE 75 Rest of North America Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
- TABLE 76 Rest of North America Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
- TABLE 77 Rest of North America Powdered Fats Market by Source, 2019 - 2022, USD Million
- TABLE 78 Rest of North America Powdered Fats Market by Source, 2023 - 2030, USD Million
- TABLE 79 Rest of North America Powdered Fats Market by Application, 2019 - 2022, USD Million
- TABLE 80 Rest of North America Powdered Fats Market by Application, 2023 - 2030, USD Million
- TABLE 81 Key Information - Insta Foods
- TABLE 82 Key Information - Vreugdenhil BV
- TABLE 83 Key Information - Zeon Lifesciences Ltd.
- TABLE 84 Key Information - LUS Health Ingredients BV
- TABLE 85 Key Information - Glenstal Foods Ltd.
- TABLE 86 Key Information - Aarkay Food Products Ltd.
- TABLE 87 Key Information - Kerry Group PLC
- TABLE 88 Key Information - Royal FrieslandCampina N.V.
